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Startup Atlas · Aerospace & Defence

NewSpace Research and Technologies

Newspace Research & Technologies Private Limited Bengaluru, Karnataka Founded 2017 newspace.co.in ↗
Sameer Joshi · CEO & Director Julius Amrit · COO & Director
$89.51 MnTotal funding (tracked)
4Funding rounds
29 Aug 2025Last round

NewSpace Research and Technologies: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs 96.25 lakhTotal revenue · -99.1% YoY
Loss of Rs 62 croreNet loss

Revenue by fiscal year

Rs 15.5 crore: $2.1MFY2021Zero (nil): $0MFY2022Rs 103 crore: $12.8MFY2023Rs 96.25 lakh: $0.1MFY2024

Net profit / loss by fiscal year

Profit of Rs 1.75 crore: $0.2MFY2021Loss of Rs 19 crore: $-2.6MFY2022Loss of Rs 62 crore: $-7.5MFY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 96.25 lakh Loss of Rs 62 crore source
FY2023 Rs 103 crore Profit (exact amount not disclosed in source; FY24 loss stated as "compared to a profit in the previous year") source
FY2022 Zero (nil) Loss of Rs 19 crore source
FY2021 Rs 15.5 crore Profit of Rs 1.75 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: newspace.co.in entrackr.com · Last verified 18 Jul 2026. · Report a correction